A PROPERTY for sale in County Durham is on the market for just £10,000, despite being a spacious four bedroom detached house. Why is it so cheap?

It is not often you see a home advertised for just £10,000 and it is similarly rare to find a home you don't need a mortgage to buy. However, this is exactly the case for this four bed family home. The property for sale is likely to wow potential house buyers due to its unbelievably low price. The large home is on sale for just £10,000, far cheaper than the national average.

The four bed detached house is in Thwaites Close, Newton Aycliffe, County Durham.

Those who buy the house will need to provide £10,000 upfront, and then pay £221 per week.

This is known as a part buy part rent scheme and typically helps those without a large deposit or with a bad credit history to get on the housing ladder.

The home offers a living room, dining room, cloakroom, kitchen, two ensuite bedrooms, a family bathroom and a toilet downstairs.

Property for sale: Four bed detached house for sale for £10,000 (Image: ZOOPLA/PROPERTY EXCHANGE ESTATE AGENTS)

Property for sale: Those who buy the house will need to provide £10,000 upfront (Image: ZOOPLA/PROPERTY EXCHANGE ESTATE AGENTS)

Outside space comprises of a back garden and a front garden.

Double glazing and a garage and a driveway also come along with the property.

Sellers Property Exchange Estate Agents said the home is for sale with no onward chain.

Property Exchange Estate Agents said: “The property is situated in an attractive quiet cul-de-sac, close to local amenities including primary and secondary schools, bus services and main transport routes.”